Aereo Inc. agreed to pay CBS Corp. and other broadcasters a total of $950,000 to resolve copyright claims totaling more than $99 million as the online-TV service backed by Barry Diller seeks to wind down in chapter 11, Bloomberg News reported yesterday. The deal to pay less than a penny on the dollar would resolve all litigation among the companies, including Aereo’s lawsuit accusing the broadcasters of intentionally botching its asset auction, according to a filing Monday in federal bankruptcy court in Manhattan. The deal, backed by all the broadcasters, would leave Aereo with $811,000 to pay non-broadcast creditors with claims totaling $7.5 million, the company said. A hearing to approve the accord was set for May 7.
